English

Non-Classical Expected Utility Theory

Physics and Society 2007-05-23 v1

Abstract

In this paper we extend Savage's theory of decision-making under uncertainty from a classical environment into a non-classical one. We formulate the corresponding axioms and provide representation theorems for qualitative measures and expected utility.

Keywords

Cite

@article{arxiv.physics/0606056,
  title  = {Non-Classical Expected Utility Theory},
  author = {V. I. Danilov and A. Lambert-Mogiliansky},
  journal= {arXiv preprint arXiv:physics/0606056},
  year   = {2007}
}

Comments

17 pages, 6 figures